Kia Sonet launched in India: Subcompact SUV comes with different engine options with different versions; buzz around the Sonet has put it in direct competition with Hyundai Venue, Maruti Suzuki Vitara Brezza, Mahindra XUV300, and Tata Nexon

Kia Sonet will compete with segment leaders like Maruti Brezza, stablemate Hyundai Venue, Tata Nexon and Mahindra SUV3OO; Made in India subcompact SUV will not only be manufactured here but Kia Motors also plans to export it to over 70 countries

Tata Motors share, which fell to a 52-week low of Rs 63.60 on March 24, touched Rs 152 intra day today doubling investor wealth during the period

The procurement utilises $5 million from the recent grant provided by the Asian Development Bank to EESL. It had received the financing towards the cost of scaling up and financing high priority areas like demand side energy efficiency sector projects

The new variant XM(S) of Nexon is available in both petrol and diesel and with two transmission options - manual and automated manual transmission (AMT)

Tata Motors has a net automotive debt of Rs 48,000 crore; company is also planning to unlock investment in various non-core businesses, says Chairman N Chandrasekaran

Tata Power has already shortlisted seven investors - including Mubadala, KKR, Brookfield, Petronas and Canadian pension fund CDPQ - to negotiate to raise investment in its InvIT

One of the most eagerly anticipated vehicles of the year, Kia Sonet, made its global debut on Friday. The Sonet is Kia Motors India's third offering in the country after the Seltos and the Carnival. The youngest member of the compact SUV segment, Kia Sonet will be up against the likes of Maruti Suzuki Vitara Brezza, Hyundai Venue, and Tata Nexon, with its bookings soon to be opened in India. Watch the video for more.Also Read: Kia Motors completes 1 lakh sales in record time

Sonet will compete in India's fastest growing but highly competitive segment; goes head to head with Maruti Brezza, Hyundai Venue, Tata Nexon and Mahindra XUV3OO

Tata Motors has tied up with leasing firm Orix Auto Infrastructure Services to offer the service in five major cities - Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru - during the inaugural phase of the launch.

The new subsidiary would be led by the current president of the EV business, Shailesh Chandra from April 1 while the current managing director of the PV business unit Mayank Pareek will retire from the company in February next year

Auto manufacturers will roll back several older models of cars to rationalise production to manage the high cost of changing to BS-VI vehicles

Share price of Tata Motors closed 6.43% lower at Rs 99 compared to the previous close of Rs 105.80 on BSE

'We do not foresee any problem as of now. We will keep in touch with our suppliers and will inform if there is any issue', a Maruti Suzuki India spokesperson told

Concorde Motors posted a loss of Rs 105.69 crore against revenue of Rs 1,215.08 crore during the financial year 2018-19

While this comes as welcome news, the reserve is small as compared to major producers such as Chile with its 8.6 million tonnes reserve, Australia with 2.8 million tonnes, Argentina with 1.7 million tonnes, and Portugal with 60,000 tonnes

Tata Motors' CEO talks about what the future holds for the industry and his plans for localisation of electric vehicles

Porsche is looking at launching sports car Panamera, 10th year edition towards the second quarter this year

Tata Nexon-EV review: The e-Nexon has a peak power output of 127 bhp compared to 109 bhp of the diesel and petrol versions. Peak torque is at 245 NM, significantly higher than petrol's 170 NM

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